5, PRIORY CLOSE, ACLE, NORWICH, NR13 3AA - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PRIORY CLOSE is a very small semi-detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £243,209. It was last sold for £235,000 in May 2023, which was around 11% below the average May 2023 semi-detached price in the Broadland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

5 PRIORY CLOSE Sold Prices

Land registry data shows four sales for 5 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Broadland local authority area for the corresponding sale date. two of the four 5 PRIORY CLOSE sales were for below the average price, and four were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 12 MAY	£235,000	£264,852	11% below HPI
2005 16 SEP	£169,950	£145,818	17% above HPI
2000 22 SEP	£79,950	£73,110	9% above HPI
1999 18 JUN	£54,000	£56,898	5% below HPI

5 PRIORY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broadland local authority area over time, sourced from the HPI. The four 5 PRIORY CLOSE sales between June 1999 and May 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 PRIORY CLOSE be worth now?

5 PRIORY CLOSE might now be worth an estimated £243,209.

This is based on house price inflation of 3.5%, between May 2023 and April 2026, for semi-detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for 5 PRIORY CLOSE of £235,000 on 12th May 2023. For the value to have increased from £235,000 to £243,209 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 5 PRIORY CLOSE has moved in line with the HPI for semi-detached houses in the Broadland local authority area.
• The May 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PRIORY CLOSE has not materially changed since May 2023.

How Large is 5 PRIORY CLOSE?

5 PRIORY CLOSE is 54m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of semi-detached houses houses in Acle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Acle, and where 5 PRIORY CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 5 PRIORY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Acle.

5 PRIORY CLOSE: Plot and Title Map

5 PRIORY CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 5 PRIORY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 PRIORY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 PRIORY CLOSE?

5 PRIORY CLOSE is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 5 on PRIORY CLOSE.